Filing Flows › Array Digital Infrastructure (AD) › Q3 2026
Array Digital Infrastructure (AD) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Array Digital Infrastructure (AD) reported revenue of $53.9M for the third quarter 2026 (Q3 2026), +14% from a year earlier and -0.4% from the quarter before. Operating margin was -4.3%, net earnings $69.2M (128.4% of revenue).
Array Digital Infrastructure, Q3 2026: revenue $53.9M (+14% year over year), operating margin -4.3%, net earnings $69.2M, operating cash flow −$176M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $53.9M | -0.4% | +14% |
| Operating profit | −$2.3M | -101% | — |
| Net earnings | $69.2M | -81% | — |
| Operating cash flow | −$176M | — | — |
What changed
Revenue was $53.9M in Q3 2026, up 14% year over year and roughly flat from the previous quarter. Equipment sales was the largest line at 97% of revenue. Equipment sales added $6.6M year over year (up 14%), 98% of the total change.
Operating costs exceeded revenue by $2.3M, an operating margin of -4.3%. Total costs fell 44% while revenue rose 14%. The fastest-growing cost line was Cost of revenue (+11%). Net earnings were $68.8M. The effective tax rate was -77.1%. Non-operating items added $41.4M, 106% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$175.6M. Non-cash charges added back $13.4M of depreciation and amortization and $339K of share-based compensation. Working capital and other items used $258.5M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$177.0M.
Questions
What was Array Digital Infrastructure's revenue in the third quarter 2026?
Array Digital Infrastructure (AD) reported revenue of $53.9M for the third quarter 2026 (Q3 2026), +14% from a year earlier and -0.4% from the quarter before.
Was Array Digital Infrastructure profitable in the third quarter 2026?
Operating loss was $2.3M (-4.3% of revenue) and net earnings $69.2M.